TPXimpact (#TPX) – argues H1 growth “encouraging… in line with management expectations”, nominal consideration Norway business disposal

TPXimpact (#TPX) – sale of its Questers IT support and related services business for £7.5m

TPXimpact – emphasises revenue growth and adjusted EBITDA, what about cash flow and the balance sheet?…

“Digital transformation” company TPXimpact (TPX) has announced that its AGM is to be held on 28th September in an announcement also including an update on current trading. What of the shares currently rising above 40p on the announcement?

TPXimpact – full-year results, “a solid foundation for improved business performance”?

Digital transformation company TPXimpact Holdings (TPX) has announced results for its year ended 31st March 2023, with its first two “Highlights”being “Performance in line with market consensus” and “Strong momentum in new orders with £115m won in the year, including £36m in Q4”. So what of a current share price response down to 34.5p, a £31.8 million market cap?

TPXimpact (#TPX) – emphasises “strong new business performance”, though having to continue to engage with its bankers

TPXimpact – emphasises “significant contract wins”, but what’s the bottom-line significance?

Describing itself as “a technology-enabled services company focused on digital transformation”, TPXimpact (TPX) has announced “two significant contract wins with two UK central government departments. Combined, the contracts will deliver a cumulative value of up to £77 million over a four year period and demonstrates TPXimpact's position as a leading provider of digital transformation services to the public sector”. So what of a current share price response to 48p, up 50%?

TPXimpact – ‘financial covenants’ waiver granted… but for how long?

‘Digital transformation’ services company TPXimpact (TPX) has issued an update including that it “has been granted a waiver from the requirement to test each of the financial covenants applicable to its £30m revolving credit facility as of 31 March 2023” and that “trading in January and February 2023 was in line with management expectations. In addition, the momentum in new orders has continued in Q4 FY23, with new business wins of over £30m in the quarter”. What of a share price currently up to around 30p?

TPXimpact (#TPX) – current financial covenants waiver, though lender ‘undertaking a review of group’s cash flow forecasts’

TPXimpact – having admitted it’s ‘engaged with its bankers’ as debt covenants breach looms, now management LTIP and retention awards (natch)!

I wrote on TPXimpact (TPX) at the end of last month; I having stated ‘good luck’ on even its previously-downgraded outlook, now another trading warning (and worse!). That “worse” was it having to ‘actively engage with its bankers’ with it “unlikely to satisfy its debt covenants at 31 March 2023” and I concluded that despite a slump to a below 30p share price still avoid / sell. The shares last closed at 24.25p and now… a “LTIP, PDMR Dealings & Retention Award”-titled announcement!

TPXimpact – I having stated ‘good luck’ on even its previously-downgraded outlook, now another trading warning (and worse!)

Previously writing on TPXimpact (TPX), in October with the shares at 32.5p I noted director share purchases to try to reassure the market rather than of real conviction?, following that this ‘digital transformation’ provider struggling with its own transformation!. The shares had recovered to last close at 46p, but now a “Q3 Trading Update”.

TPXimpact (#TPX) – H1 swing to loss, notes new CEO progressing “review of operations”

TPXimpact – director share purchases to try to reassure the market rather than of real conviction?

On recently writing on ‘digital transformation’ business TPXimpact (TPX) the shares had fallen to 32.5p. They recovered to 34.9p but, on a good day for the markets, are currently back at 32.5p despite the company announcing that “certain directors and senior management of the company have purchased a total of 236,820 ordinary shares”. So what’s the story?

TPXimpact – ‘digital transformation’ provider struggling with its own transformation!

Shares in ‘digital transformation’ business TPXimpact (TPX), formerly Panoply, were above 100p until late last week. They are currently down at 32.5p, so what’s going on?

Panoply (#TPX) – argues ahead of expectations, but only talks of revenue & adjusted EBITDA margin

Panoply (#TPX) – FY update, organic growth “above the group's stated objective of 10-15%”

Panoply's Share Price Could Beat a Recent Surge if A-list customers Continue to Sign Up

Hello, Share Takers. How’s this for a spiffing idea? You help organisations that need to make more money by building them internet platforms specially designed to attract the dough. If that body happens to be a charity, like Unicef, for example, then your business idea does the world a lot of good. And if your customer is the British government that wants to bring together hundreds of different companies to make and supply hospital ventilators, then how can you go wrong?

Panoply (#TPX) – appointment of a joint broker, Dowgate Capital

Panoply (#TPX) – “confident that results for the full year will be in line with their recently upgraded expectations and in their ability to achieve their three-year commercial vision”